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Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $205,000, expenses of $113,700, and withdrew $26,000 from the business during the current year.
Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $205,000, expenses of $113,700, and withdrew $26,000 from the business during the current year. The owner's capital account before closing had a balance of $317,000. The ending owner's capital balance after closing is: Multiple Choice $205,000 $65,300 R
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